Crystallize, Inc. Announces Intent to Acquire Llama-Soft.Business Editors & High Tech Writers ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--March 23, 2000 Crystallize crys·tal·lize also crys·tal·ize v. crys·tal·lized also crys·tal·ized, crys·tal·liz·ing also crys·tal·iz·ing, crys·tal·liz·es also crys·tal·iz·es v.tr. 1. , Inc.(TM), a leading provider of business change software announced that on March 22, 2000 it signed a letter of intent to acquire Utah-based LLama-Soft(TM) Corporation, provider of the world's most advanced supply chain modeling and optimization software Free and Open Source software
"Supply Chain Guru, developed by Llama-Soft, is the first commercial application that directly integrates mathematical optimization, discrete event simulation In discrete event simulation, the operation of a system is represented as a chronological sequence of events. Each event occurs at an instant in time and marks a change of state in the system [1]. , and genetic algorithms Genetic algorithms Search procedures based on the mechanics of natural selection and genetics. Such procedures are known also as evolution strategies, evolutionary programming, genetic programming, and evolutionary computation. into a single, easy-to-use interface," said Helene Abrams, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president of Crystallize. "Our combined technologies will allow companies to aggregate information about their supply network from their Oracle Applications(TM), determine the changes required to lower their procurement and distribution costs, and then quickly implement those changes," explains Abrams. "For example, a company may recognize that it can save millions of dollars by moving their inventory to a new location. By the time their goods are physically packed and moved, their systems will be in place to support the change." In today's rapidly changing world, organizations must be able to plan and execute changes in their supply chain strategy quickly or risk falling behind competitors who are more nimble. Strategic decisions often require major modifications to Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. systems. These modifications must be accomplished in a rapid and automated fashion, or the ERP systems risk becoming a barrier to business change. LLama-Soft technology will further reinforce the leadership position of Crystallize in automating enterprise change by enhancing its Supply Chain Optimization Supply Chain Optimization is the application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. This includes the optimal placement of inventory within the supply chain, minimizing operating costs (including manufacturing costs, Solution, providing greater accuracy, flexibility, and speed in the change process. "The biggest problem facing CEOs and CIOs today is aligning their IT systems with operational objectives," says Donald Hicks, president and CEO of Llama-Soft, and leading expert on supply chain optimization. "Our merger with Crystallize will, for the first time, link the very best IT technology with the most advanced supply chain analysis techniques and provide customers a fast track to superior shareholder value." More information can be found at http://www.crystallizes.com. About Crystallize Crystallize, Inc. is a leading provider of business-change software. Without any programming, Crystallize packaged software solutions enable companies to rapidly complete information technology projects driven by strategic business decision such as mergers and acquisitions, corporate reorganizations, customer and supply chain integrations, and e-business strategies. Crystallize software employs state-of-the-art technology that copies, consolidates, filters, or changes data across the enterprise. Crystallize reduces the risk and time required to implement business changes by automating the consolidation, restructuring, and integration of information within the Oracle Applications(TM) environment. About Llama-Soft Llama-Soft was founded in 1998 to develop software applications that apply the most cutting-edge simulation and optimization techniques available to directly solve problems involving supply chain strategic planning. Llama-Soft's vision is to encapsulate en·cap·su·late v. 1. To form a capsule or sheath around. 2. To become encapsulated. en·cap the specific application knowledge required to get results from these techniques, and to make their power available to business decision makers and non-technical analysts. |
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